Common use of Destruction and Damage Clause in Contracts

Destruction and Damage. 22.01 If the Demised Premises and/or access thereto shall be partially or totally damaged or destroyed by fire or other casualty, then, Landlord shall, subject to its rights under Section 22.03 hereof, repair the damage and restore and rebuild the Demised Premises and/or access thereto as nearly as may be reasonably practical to its condition and character immediately prior to such damage or destruction, with reasonable diligence after notice to it of the damage or destruction.

Appears in 4 contracts

Samples: Office Lease (Threshold Pharmaceuticals Inc), Office Lease (Star Telecommunications Inc), Office Lease (Eventures Group Inc)

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